Aker Solutions’ Post

Subsea7 has signed a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance, which comprises Subsea7 and OneSubsea. 🔍 Key Points from the Agreement: - Exclusive Collaboration: The agreement paves the way for exclusive collaboration on two significant projects: Wisting Field: Located offshore Norway. Bay du Nord: Situated off Newfoundland and Labrador in Canada. - EPCI Scopes: If a final investment decision is made, any resulting engineering, procurement, construction, and installation (EPCI) scopes will be directly awarded to the Subsea Integration Alliance. - Experience Matters: Building on their extensive experience as members of the Subsea Integration Alliance, Subsea7 and OneSubsea solidify their positions as trusted contractors to Equinor.

Exciting Milestone: The Mid Business Challenge Review! This week marked a significant moment in our ongoing partnership with the esteemed global offshore contractor. Conducting the Mid Business Challenge Review, a pivotal juncture where the dedicated teams showcased their progress, demonstrating agility and strategic foresight by recalibrating their Business Challenges in alignment with the latest project developments. In an engaging and dynamic session, the teams showcased their remarkable progress, offering insights into the evolving landscape of their project. The dedication and adaptability of the teams were evident as they fine-tuned their Business Challenges, ensuring alignment with the latest project developments. A testament to the team's proactive approach was the unanimous decision to introduce an additional Business Challenge. This strategic move underscores their commitment to not just meeting, but exceeding, project expectations. It's a reflection of their ability to anticipate needs and adapt swiftly, ensuring we remain ahead of the curve. The comprehensive overview provided during this review has been invaluable. It has deepened our understanding of client requirements and highlighted the nuances of delivering this project on time, with unwavering quality and safety, all while adhering to the estimated budget. This session was more than a review; it was a reaffirmation of their collaborative spirit, relentless pursuit of excellence, and shared vision for success. Equipped to tackle the challenges ahead, ensuring they not only meet but exceed client's expectations. A big shoutout to everyone involved for their hard work, dedication, and innovative thinking. #Teamwork #Innovation #BusinessChallenge #ProjectManagement #Success Royal HaskoningDHV Worley DEME Group Wood Fugro Fluor Corporation Vanderlande Petrofac Bilfinger McDermott International, Ltd Jacobs Chemploy Saipem SBM Offshore Bechtel Corporation

Have you ever attended the Project Controls Expo UK at Wembley Stadium? 🏟 Would you like the opportunity to become a speaker at the event in November 2024? 💡 Find out more below on the advantages of becoming a speaker and how to submit your papers below. 👇 #tpg #pceuk #projectcontrols #projectmanagement #ppm #pmo

Have you ever attended the Project Controls Expo UK at Wembley Stadium? 🏟 We at TPG The Project Group UK & Ireland highly recommend this event and will be exhibiting and speaking in November 24. Would you like the opportunity to become a speaker at the event? Find out more below on the advantages of becoming a speaker and how to submit your papers below. 👇 #tpg #pceuk #projectcontrols #projectmanagement #ppm #pmo

𝗠𝗮𝘀𝘁𝗲𝗿𝗶𝗻𝗴 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗖𝗹𝗮𝗶𝗺𝘀: 𝗣𝗿𝗼𝗮𝗰𝘁𝗶𝘃𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗳𝗼𝗿 𝗘𝗣𝗖 𝗦𝘂𝗰𝗰𝗲𝘀𝘀! With EPC (Engineering, Procurement & Construction) risk is a constant factor. Complex projects often face unforeseen issues, leading to claims. An insightful post, "𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗖𝗹𝗮𝗶𝗺 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁" by level3 Project Delivery Services, highlighted the importance of proactive claims management to mitigate risks and delays. This aligns with our vision, and, not surprisingly, I want to emphasize the role of Business Savvy Engineers in this process. Business Savvy Engineers combine technical expertise and business acumen, optimizing claims management. They foresee financial impacts and implement strategic solutions, managing risks, prioritizing safety, and keeping projects on track, within budget and achieving the project margin. Avoiding the Bermuda Triangle of Project Margin. Here are five tips from "Effective Claim Management" to optimize Construction Claims Management:   𝟭. 𝗕𝗶𝗱 𝗥𝗲𝗮𝗹𝗶𝘀𝘁𝗶𝗰𝗮𝗹𝗹𝘆: Avoid low bids that increase costs and time. Set fair prices and define the scope to prevent claims. 𝟮. 𝗔𝗱𝗱𝗿𝗲𝘀𝘀 𝗖𝗹𝗮𝗶𝗺𝘀 𝗣𝗿𝗼𝗺𝗽𝘁𝗹𝘆: Establish a resolution process to avoid costs and make informed decisions. 𝟯. 𝗞𝗲𝗲𝗽 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗥𝗲𝗰𝗼𝗿𝗱𝘀: Use an integrated solution for efficient record-keeping and contract documentation. Continuous Monitoring: Detect risks early and develop response plans to avoid issues. 𝟰. 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗠𝗼𝗻𝗶𝘁𝗼𝗿𝗶𝗻𝗴: Detect risks early and develop response plans to avoid issues. 𝟱. 𝗜𝗻𝘃𝗲𝘀𝘁 𝗶𝗻 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: Use a robust platform to minimize inefficiencies, reduce costs, and enhance communication. Thank you to level3 Project Delivery Services authors of "𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗖𝗹𝗮𝗶𝗺 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁" for their insights. By incorporating these strategies and leveraging Business Savvy Engineers, you can enhance your claims management and ensure the succes of your project. #ConstructionManagement #RiskManagement #ProjectSuccess #BusinessSavvyEngineers #EffectiveClaimManagement Royal HaskoningDHV NEXXT Worley Wood Fugro Fluor Corporation McDermott International, Ltd DEME Group Jacobs Bilfinger Bilfinger Tebodin Vanderlande Shell TIAS School for Business and Society Acteon Group JESA S.A Exyte #BusinessSavvy #ContinuousLearning #CorporateCulture #Innovation #SavvyCademy

🚀 AWP: The path to excellence in executing projects! 🔧 In construction projects, delivering on time and within budget is always a challenge. That’s where AWP (Advanced Work Packaging) shines, improving planning and execution at every phase. 🔄 💡 What is AWP? AWP (Advanced Work Packaging) is a structured project management approach that integrates engineering, procurement, and construction teams, ensuring that resources, materials, and information are ready before work begins. 💼 AWP defines work packages around specific Construction Work Areas (CWA): - Construction Work Area (CWA): These are specific zones in a project where resources are allocated efficiently to ensure smooth execution. - Construction Work Packages (CWPs): CWPs further break down work activities within these areas for better management. - Installation Work Packages (IWPs): Detailed packages that focus on installation tasks, ensuring all resources are available for efficient execution within short timeframes. 🔍 AWP Benefits: -Fewer delays and rework: With detailed preparation, work proceeds smoothly, preventing costly errors and interruptions. -Boosted productivity: Clear work areas and packages ensure teams have everything they need at the right time, leading to better workflow. -Improved coordination: AWP integrates engineering, procurement, and construction early on, breaking down communication silos. -Better visibility and control: AWP’s structured approach helps predict risks and supports faster decision-making when issues arise. 📊 Proven results: Studies show AWP can reduce costs by up to 10% and improve productivity by 25%. In an increasingly complex environment, this approach gives a critical edge. 🏆 Want to transform your project? Adopting AWP leads to more predictable outcomes, fewer surprises, and greater efficiency. In today's competitive environment, it’s crucial to use strategies that reduce waste and optimize results. #AWP #AdvancedWorkPackaging #ProjectManagement #Efficiency #Construction #Innovation #LeanConstruction #ProjectExecution Norsk Hydro Norsk Hydro Brasil Ltda. Sandro Franca

Happy to participate in the ongoing SPE Decommissioning and Restoration Workshop, 30-31 July 2024, in Brunei. This event is a significant platform to discuss innovative approaches and best practices in the field of decommissioning and restoration. Most importantly, it revolves around the topic relevant to mature assets and how we maximize the remaining reserves of existing wells. I look forward to contributing to these important conversations and connecting with fellow industry professionals. Below are some of the key takeaways from today’s session: 1. Data verification and assessment are crucial in the exploitation of mature assets. 2. Assessment and verification minimize risk exposure during intervention work. 3. Technology can significantly enhance operational efficiency and resource reduction rather than being a cost hindrance. 4. Standardized regulations and government-to-government relations can accelerate growth and harmonize economic sustainability. 5. Digital solutions simplify data consolidation and visualization of well status, especially for mature assets with a high well count. #SPE #Brunei #Decommissioning #Restoration #MatureAssetsSolutions #IntegratedSolutions #Oilfield

What Business Savvy Engineers Bring to the Client's Side?! Recently, we've discussed at length the crucial role that Business Savvy Engineers (BSEs) play on the side of engineering contractors. But what do they add to the client's side? Let's dive deeper! - Bridging Technology and Business Strategy BSEs are not just experts in their technical domain but also understand the business strategies and objectives of their clients. This combination enables them to lead projects with a clear insight into how technical solutions can accelerate business growth and innovation. - Enhanced Communication and Collaboration Through their understanding of both technical aspects and the business context, BSEs act as effective communicators between different teams. This improves collaboration and ensures a more integrated approach to projects, where technical and business objectives go hand in hand. - Innovation and Competitive Advantage These engineers bring a unique set of skills that drive innovation. By linking technical capabilities to business opportunities, they help organizations stay ahead in their industry and develop a sustainable competitive advantage. - Risk Management Their ability to view complex technical challenges within the context of the larger business picture allows business-savvy engineers to effectively identify and manage risks. This leads to greater certainty in project executions and investments. - Focusing on Sustainability and ROI They play a crucial role in ensuring that projects are sustainable and offer a solid Return On Investment, aligning with the growing emphasis on environmental responsibility and long-term value creation. The added value of BSEs on the client side when awarding a capital project to a contractor is multifaceted. They not only ensure that the project is executed efficiently and aligns with business objectives but also manage risks, optimize costs, and drive innovation. Their role is crucial in maximizing the Return On Investment for capital projects and achieving strategic business outcomes.. #Engineering #BusinessStrategy #Innovation #ProjectManagement #Leadership #BusinessSavvyEngineer #cfo #ProjectManagement Shell bp Royal HaskoningDHV Worley DEME Group Wood Fugro Fluor Corporation Vanderlande Petrofac Bilfinger McDermott International, Ltd Jacobs Chemploy Saipem SBM Offshore Bechtel Corporation level3 Project Delivery Services

In the link below ORS Consulting share some advice in order to help you get the most value from Barrier Management activities on subsea tie-back projects. Take some time out to give it a read. https://lnkd.in/eCrdy8VG #processsafety #barriermanagement #technicalsafety #safety #subsea

SLB OneSubsea and Subsea7 Sign Long-Term Strategic Collaboration Agreement with Equinor to work on two underwater projects named Wisting and Bay Du Nord, located near Norway and Canada. This agreement is special because it allows these companies to share information and work together from the early stages of these projects. This approach is expected to make the projects more economically viable and efficient by integrating technologies and efforts right from the beginning. About Equinor: Originally established as Statoil in 1972, is a Norwegian multinational energy company headquartered in Stavanger, Norway, primarily engaged in oil and gas production in the North Sea. Over the years, Equinor has expanded internationally with operations in over 30 countries, including significant projects in North America, Africa, and Brazil. The company has diversified into renewable energy, investing in offshore wind projects and carbon capture technologies as part of its commitment to sustainability. Equinor aims to achieve carbon neutrality by 2050, aligning with global efforts towards a low-carbon future. It is listed on both the Oslo and New York stock exchanges, reflecting its prominence in the global energy market. #SLB #finance #WeAreSLB